What are the documents needed to claim the exemption on income tax on Leave travel assistance?
And what is the limit for LTA that can be exempted from tax?

1.Employer owned Car Facility provided to employee and exp incured(Maintannce+Car Driver) by employee,can employee dudcut Maintannce+Car Driver expnses form Gorss Salary to arrive Taxable Salalry?
2.Is anything different if employer hire such car?

DEAR SIR,
PY : 2007-08
AY : 2008-09


An assessee have the following income.


1. Income from salary - Rs 72,000/-

2. Income from Bank Interest on Deposits Rs 1250/-

3.STCG from trading in securities listed in BSE and NSE - RS 25600

Total Income (1+2+3) = Rs 98,850/-

Q : whether he is exempt from tax since his total income less than Rs 1,10,000/- or tax on STCG by trading on shares will be Rs 2560(Rs 25600 X 10%)

Can you please tell me that whether repayment of principal or interest or both are exempted from income tax from year 2008-09?
Is there any limit on each of the individual component(principal/interest) or any combined limit for exemption?

Can any one tell me, what is procedure of getting certificate of low vision for the purpose of 80 D. I have read it is to be certified by Medical Board. But i dont know where is the Medical Board at Delhi and how to approach it?

Under which head the profit from commodity transaction will be taxable.Whether it will be taxable under capital gain or as a business income.

Is FBT applicable AY-2008.09 for Promting sale of Cold Drink,if company giving free of cost Fridge+chest cooler,Cycle,TV.Motor Cycle,Sign Board,Templte ect.

Professional Tax applicablity & Slab for deduction?

Whether expenses paid on behalf of contractors be considered as payment to contractor?
whether such payments be considered for TDS on payment basis/
kindly guide with relevant provisions.

if a travel agent makes payment in USD for group reservation for space camp held by NASA is he suppose to deduct tax on the money paid towards education fees for his client